What is ELSS? Check how it is better for saving taxes than PF, PPF and other schemes
ELSS comes with a Systematic Investment Plan (SIP) option, so salaried individuals are able to keep investing their monthly income into this mutual fund
HDFC Taxsaver Fund turns Rs 10,000 SIP into Rs 9.39 crore in 26 years, details here
HDFC Taxsaver Fund has given a yearly return of 26.05 percent as of 31 March, 2022
Budget 2022: From cut in home loan interest rates to rise of health insurance premiums, here’s common man’s wishlist
Union Budget 2022-23: Apart from ELSS, debt and hybrid funds can also be included for deduction under section 80C to encourage investors to invest in diversified funds
Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility
Inflows into equity mutual funds dropped to a four-month low of Rs 6,108 crore in April as the broader market witnessed extreme volatility on concerns over the coronavirus pandemic
Debt funds vs fixed deposits: Here are seven reasons why you should invest in MFs
Rates have been cut, debt funds have emerged as a viable alternative, FDs are losing the tax game and they provide limited flexibility.
Union Budget 2019: Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF
The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF
Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals
Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.
Gold ETFs lose sheen, investors withdraw Rs 280 cr in April-November period; AUM down 11% to Rs 4,385 cr
Gold ETF trading has been tepid during the past five financial years.
Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore
In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.
Mutual funds asset base drops 12.5% to Rs 22 lakh cr in Sep-end on massive outflow: AMFI data
According to Association of Mutual Funds in India (AMFI) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.
Investors remain bearish, continue to exit from gold ETFs in April; prefer equities
Trading in gold ETF segment has been lukewarm during the last five years
As financial year end approaches, here's how to smartly save your tax by planning ahead
With the dust finally settled on the ‘populist’ budget announcement, investors can now devise strategies and discover avenues to prudently plan to save tax for the remainder of the current financial year and the next financial year as wel
Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax
Investing in mutual funds? These types of schemes will give you maximum returns
Mutual funds are best option available in the market whether you planning for any short, medium or long term financial goal
Mutual funds see Rs 41,000 cr outflow in May from Rs 1.51 lakh cr inflows in previous month
Total investment in mutual fund schemes stood at Rs 1.10 lakh crore in the first two months of the current fiscal
Equity MF inflow at Rs 6,500 cr in Feb; Rs 62k cr in 11 months
Growing participation from retail investors and huge inflow in equity schemes have also helped increase the folio count.
Sebi pitches for tax rationalisation in capital markets
In its budget proposal to the Finance Ministry, Sebi has recommended reducing the securities transaction tax (STT) on stock trading, sources said
For the financially literate, both EPF and NPS are actually con-jobs
The money you invest in EPF actually goes into government paper, where yields are typically lower than in fixed deposits. So, it is government that benefits by getting access to your EPF money.
Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings
Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act.